If you are evaluating whether to transition your ERP to the Cloud or stay on-premises, you need to understand the economic impact of your current ERP solution and what your ERP might look like in the cloud. Total Cost of Ownership (TCO) is a financial estimate to determine your economic value of investment against your total direct and indirect costs over your system lifecycle. This flyer does a comparative cost analysis of the six cost areas you need to evaluate:
- Hardware
- Software
- Implementation, customization, and training
- IT personnel
- Upgrades
- Maintenance
